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Enterprise Performance Management (EPM) Practice Test
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Business performance management (BPM), also known as corporate performance management (CPM), enterprise performance management (EPM),organizational performance management, or simply performance management are a set of management and analytic processes that ensure activities and outputs meet an organization's goals in an effective and efficient manner. Business performance management is contained within approaches to business process management. Performance management can focus on the performance of a whole organization, a department, an employee, or the processes in place to manage... Show more
Enterprise Performance Management (EPM) Practice Test
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25 Questions

1. Evaluation of Capital Budgeting Proposals is based on Cash Flows because:
2. Which of the following pair about Paradigm Shifts in the contemporary Business Environment is incorrect?
3. Which of the following is not a capital budgeting decision?
4. Cost Audit is applicable in case of the companies falling under certain specific categories of industries and for those companies who have been asked by the central government to maintain the cost accounting records and get these cost accounting records audited as per the provisions of of the Companies Act, 2013
5. Which of the following variable does ROI examine?
6. There are four elements of Anthony’s model. Which one does not belong to the group?
7. A major part of strategy implementation is …….
8. What do we call a formal comparison of the actual costs and benefits of a project with original estimates?
9. Compliance with the Standard of Auditing is the responsibility of
10. Which of the following statements is false? Balanced scorecards
11. Responsibility reports for cost centers
12. Which of the following do not fall under Financial inclusion ?
13. The responsibility center whose inputs are measured in monetary terms, but whose output is not, is ………………..
14. If capital expense is recorded as revenue expense then which calculation will be wrong?
15. In a responsibility report for a profit center, controllable fixed costs are deducted from contribution margin to show:
16. Pitfalls exists the same as with any new technology or management tool. All of the following describe these pitfalls except
17. Performance management is believed to have originated from which country?
18. What is not included in a firm’s expenses?
19. Which of the following statements about performance management systems is not true?
20. Capital Budgeting Decisions are based on:
21. The Enterprise Performance Management core processes does not include which of the following?
22. The Malcolm Baldrige Award is awarded by the Government of ……….
23. A Balanced Scorecard helps the organisation to:
24. The Retailer is selling the merchandise for more than it costs the Retailer to acquire it, then the GMROI Ratio would be ……………………
25. Return on Investment may be improved by one of these